Cairo s 100 billion energy storage

How can Egypt store electricity?

Egypt has been looking at a number of ways to store electricity as part of its ambitions to grow renewable energy capacity to cover 42% of the country’s electricity needs by 2030. These include upgrading its power grid and incorporating pumped-storage hydroelectricity stations to help store electricity for future use.

Can batteries solve Egypt's Electricity oversupply problem?

Egypt is exploring the potential of energy storage through batteries to combat our electricity oversupply problem: As Egypt continues to suffer from a major oversupply of electricity, the country is in need of new ways to tackle the issue.

What is a large-scale energy storage project?

The project aims at providing the scientific, technological and policy basis required for the development and implementation of large-scale energy storage in Egypt, enabling increased penetration of renewable energy sources in the Egyptian energy system.

Does Egypt need EEHC & Scatec?

The Egyptian Cabinet has already approved the cooperation agreement between EEHC and Scatec. This decision aligns with the government's commitment to increasing the country's renewable energy capacity. By embracing projects like the solar and battery storage initiative, Egypt aims to diversify its energy sources and reduce its carbon footprint.

Can Egypt expand its renewable power?

Egypt also has great potential to expand its renewable power beyond today ’ s modest 6 GW of generating capacity — which includes solar farms at Benban, wind farms near Hurghada, and hydropower from the Aswan High Dam. Such expansion could allow it to export green electricity to European markets via planned cables.

Does Egypt have a gas hub?

Thanks to its location and infrastructure, Egypt has a number of energy export options, and its hub plans are not limited to gas. Over the last few years, the country increased its electricity generation capacity to 59 gigawatts (GW), despite peak domestic demand topping out at only 32 GW.